Energy company Cuadrilla said Friday it has extracted shale gas in Britain for the first time since resuming fracking operations it halted in 2011 over environmental concerns.

The deputy chairman of the Hope Faction of the Iranian Parliament said Iran’s oil industry would continue to develop despite sanctions.

Iran’s annual 12th Iran Plast September 24-27 in the capital Tehran. A total of 35 countries showcased their products.

NIOC has priced each barrel of crude oil at the Iran Energy Exchange (IRENEX) at $71.59. The figure was previously announced at $76.29.

The first vice president, emphasizing Irans resistance to US sanctions, described the sanctions waivers for eight countries to buy Iranian oil as a sign of the US defeat and victory of Iran.

Iranian President Hassan Rouhani said the US was distancing from delusions of bringing Iran’s oil exports to zero given the realities of the global economy.

The operator of South Pars Phase 14 Development Project said gas recovery from the second offshore platform of the project had started.

The head of the market analysis section of the Gas Exporting Countries Forum (GECF) said Iran could play the role of liquefied natural gas (LNG) and FLNG markets in Asia, especially in India and China.

The Iranian Offshore Oil Company (IOOC) signed a contract with PetroIran Company for maintaining and enhancing oil production capacity of Sivand, Esfand and Dena offshore oilfields in Persian Gulf waters.

The National Iranian Oil Company (NIOC) CEO said the company had finalized deals for maintaining and enhancing crude oil production capacity of Sivand and Esfand Oilfields in Siri Operational Area.